Gateway: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Gateway
Largest movements
- Cash +€20,310
up €20,310 (+115%), from €17,710 to €38,021
mainly Trade debts (+€21,250) and Net result for the year (+€15,624)
- Stocks and contracts +€16,264
up €16,264 (+301%), from €5,402 to €21,666
of which Contracts in progress: +€9,868
- Receivables within one year -€10,271
down €10,271 (-50.4%), from €20,397 to €10,126
of which Trade receivables: -€15,869
- Tangible fixed assets -€7,818
down €7,818 (-34.5%), from €22,682 to €14,864
of which Leasing and similar rights: -€5,092
- Trade debts +€21,250
up €21,250 (+276%), from €7,712 to €28,961
- Debts after one year -€15,647
no longer reported in 2025 (was €15,647)
- Other debts +€9,277
up €9,277 (+30,924%), from €30 to €9,307
- Profit (loss) carried forward +€6,347
no longer reported in 2025 (was -€6,347)
- Current portion of long-term debt -€2,128
down €2,128 (-12.3%), from €17,375 to €15,246
- Gross operating margin -€37,108
down €37,108 (-55.0%), from €67,414 to €30,306
- Depreciation -€8,452
down €8,452 (-47.1%), from €17,936 to €9,484
- Financial charges -€1,945
down €1,945 (-55.7%), from €3,495 to €1,549
- Taxes +€1,096
up €1,096 (+59.8%), from €1,831 to €2,927
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,109 | €86,712 | +€17,603 | +25.5% |
| Formation expenses | 20 | €1,069 | €763 | -€306 | -28.6% |
| Fixed assets | 21/28 | €22,995 | €15,057 | -€7,938 | -34.5% |
| Intangible fixed assets | 21 | €313 | €193 | -€120 | -38.3% |
| Tangible fixed assets | 22/27 | €22,682 | €14,864 | -€7,818 | -34.5% |
| Plant, machinery and equipment | 23 | €5,489 | €4,738 | -€751 | -13.7% |
| Furniture and vehicles | 24 | €3,494 | €1,519 | -€1,975 | -56.5% |
| Leasing and similar rights | 25 | €13,700 | €8,608 | -€5,092 | -37.2% |
| Current assets | 29/58 | €45,045 | €70,892 | +€25,847 | +57.4% |
| Stocks and contracts in progress | 3 | €5,402 | €21,666 | +€16,264 | +301% |
| Stocks | 30/36 | €5,402 | €11,798 | +€6,396 | +118% |
| Contracts in progress | 37 | - | €9,868 | +€9,868 | |
| Amounts receivable within one year | 40/41 | €20,397 | €10,126 | -€10,271 | -50.4% |
| Trade receivables | 40 | €19,867 | €3,998 | -€15,869 | -79.9% |
| Other amounts receivable | 41 | €530 | €6,128 | +€5,597 | +1,055% |
| Cash at bank and in hand | 54/58 | €17,710 | €38,021 | +€20,310 | +115% |
| Deferred charges and accrued income | 490/1 | €1,535 | €1,079 | -€456 | -29.7% |
| Total equity and liabilities | 10/49 | €69,109 | €86,712 | +€17,603 | +25.5% |
| Equity | 10/15 | €23,653 | €30,000 | +€6,347 | +26.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Other | 1109/19 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,347 | - | +€6,347 | |
| Amounts payable | 17/49 | €45,455 | €56,712 | +€11,257 | +24.8% |
| Amounts payable after more than one year | 17 | €15,647 | - | -€15,647 | |
| Financial debts | 170/4 | €15,647 | - | -€15,647 | |
| Amounts payable within one year | 42/48 | €29,567 | €56,712 | +€27,145 | +91.8% |
| Current portion of amounts payable after more than one year | 42 | €17,375 | €15,246 | -€2,128 | -12.3% |
| Trade debts | 44 | €7,712 | €28,961 | +€21,250 | +276% |
| Suppliers | 440/4 | €7,712 | €28,961 | +€21,250 | +276% |
| Advances received on contracts in progress | 46 | €1,358 | - | -€1,358 | |
| Taxes, remuneration and social security | 45 | €3,093 | €3,197 | +€104 | +3.4% |
| Taxes | 450/3 | €3,093 | €3,197 | +€104 | +3.4% |
| Other amounts payable | 47/48 | €30 | €9,307 | +€9,277 | +30,924% |
| Accrued charges and deferred income | 492/3 | €241 | - | -€241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,936 | €9,484 | -€8,452 | -47.1% |
| Other operating charges | 640/8 | €787 | €875 | +€88 | +11.2% |
| Gross operating margin | 9900 | €67,414 | €30,306 | -€37,108 | -55.0% |
| Operating profit (loss) | 9901 | €48,691 | €19,947 | -€28,744 | -59.0% |
| Financial income | 75/76B | - | €153 | +€153 | |
| Recurring financial income | 75 | - | €153 | +€153 | |
| Financial charges | 65/66B | €3,495 | €1,549 | -€1,945 | -55.7% |
| Recurring financial charges | 65 | €3,495 | €1,549 | -€1,945 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €45,197 | €18,551 | -€26,646 | -59.0% |
| Income taxes | 67/77 | €1,831 | €2,927 | +€1,096 | +59.8% |
| Profit (loss) for the period | 9904 | €43,365 | €15,624 | -€27,741 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,365 | €15,624 | -€27,741 | -64.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.